What's your magic number for retirement?
Are you saving enough for retirement? Calculate the percentage of your gross income you should save each year—your "magic number"—so that you can retire comfortably at age 65.
Results assume you’ll get Social Security, live 20 years in retirement, earn market returns and replace 80% of your net income. For details, read the full story.
Results
| The percentage of gross income you should save (your "magic number") is | 4.66% | |||
Source: Ibbotson Associates
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- Data providers
- Copyright © 2009 Thomson Reuters. Click for Restrictions.
- Quotes supplied by Interactive Data Real-Time Services.
